The private sector, as noted in many forums and literary articles, faces a distinctive disadvantage when it comes to dealing with issues of national importance . These issues include security as an element, public health and even public schooling (Chaudhary & Sharma, 2011). Differences exist in the definition of the public and private sectors as cornerstones of the economy. The private sector is more geared toward providing products and services to people who can afford them, for a fee. The public sector, on the other hand, has a more utilitarian approach. Their provision of products and services is aligned with the benefit of all members of society. This is where the differences between the two sectors become apparent. However, it is important to note that no particular economy can prosper without a fundamental composition of both sectors (Little, 2003). The role that the private sector plays in contributing to a country's national income is indispensable. The total production of both sectors directly contributes to the GDP growth of a nation. Therefore, due to the importance of these two sectors in an economy, it is essential that these two sectors function optimally and in a manner that enables them to ensure increased production levels for a country. Each sector therefore has well-defined roles to play to ensure that the economic progress of the country is guaranteed. This article examines how the two sectors of the economy interact and how they influence the growth of GDP and the economy as a whole. The paper examines the different parameters and pathways in which the two sectors interact in a coordinated and combined effort to increase the nation's GDP and economy. It also examines the area... middle of paper ......together to achieve the development goals of an economy. None of the sectors are self-sufficient. When both sectors work in unison, a nation's GDP increases significantly. Various sectors have been discussed in this document regarding how the two sectors can work together. These avenues, as noted here, include security, infrastructure development, promotion of trade and exchange between countries, institutionalization and protection of cottage industries. As this article shows, each party has a major role to play in a country's economy. If a party does not play its role, there is a good chance that a country's economy will not prosper. In conclusion, the document showed that the economic development of any nation is a contribution of both the private sector and the public sector and that everyone must play their role. role in guaranteeing the economic development of a country.